SUSTAINABILITY was the focus at an inaugural gathering of property management and real estate professionals under the theme “Built Environment and Asset Lifecycle”.
RICS-MIPFM International Property Conference 2025 featured seminars on best practices in asset lifecycle management, ageing infrastructure and technology integration.
The event in Petaling Jaya, Selangor, was organised by Malaysian Institute of Professional Facilities Management (MIPFM) and Royal Institution of Chartered Surveyors (RICS).
In a pre-recorded speech, Housing and Local Government Minister Nga Kor Ming said the conference was timely given the challenges faced by the government in dealing with ageing infrastructure and housing shortage.
He stressed the need for urban renewal while ensuring rights of residents are safeguarded.
“Real transformation requires a whole-of-nation approach, supported by strong partnerships across public and private sectors,” said Nga.
Kuala Lumpur mayor Datuk Seri Maimunah Mohd Sharif, who was the guest of honour, highlighted the importance of liveable cities.
“We must recognise that a city is more than just buildings – it is a habitat and living system maintained by people.
“The best cities are not defined by closed, rigid structures, but by openness and adaptability,” she added.
Maimunah said Kuala Lumpur City Hall (DBKL) has several objectives aimed at enhancing the capital’s sustainability and liveability.
“By 2040, we aim for 70% of travel to be by public transport, 20sq m of open space per person, 254km of green connectors and over 300,000 new homes.
“We are also introducing ESG (environmental, social and governance) principles into all our urban projects,” she said.
MIPFM president Ishak Ismail said, “Our collaboration with RICS reflects our shared commitment to professional excellence.”
RICS Asia Pacific board member Dr Eugene Seah said, “This platform brings together valuation and facilities management, encouraging meaningful interdisciplinary dialogue.”
